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What is the difference between Bitcoin and Ethereum?

  • Thread starter Thread starter Suba
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The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust.
 
They are both the most cryptocurrencies with the most high value, Bitcoin at the first place and ETH in the second place, the diference is that BTC grows at a higher rate and growing most frequently and older, ETH is increasing in value too.
 
The difference between them is that Bitcoin is nothing more than a currency while Ethereum is a ledger technology that companies are using to build new programs.
Both operate on what is called "Blockchain" technology,however Ethereum is far more robust.
 
The some of difference bitcoin and ethereum are as bitcoin operate a different blockchain from ethereum , the market capitalization defers , bitcoin is deflamatry while eithereum is inflammatory and Their wallet addresses differ from each other and also their price rates as for trading.
 
Concerning the difference between ethereum and bitcoin. Well, bitcoin and ethereum are the two most popular cryptocurrency that are well know in the world and it is due to their high rise in the market. Bitcoin has been in existence for years before ethereum came in and both operate of different blockchain
 
difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust
 
Quite a number of startup coins were built on the ethereum network before having the ability or fund to own their own block chain network, I look forward to learning from this thread because only those who study these coins in-depth will really know their significant differences.
 
Bitcoin and Ethereum networks are equipped by the rules of distributed ledgers and cryptography, the two differ technically in many ways. For example, transactions on the Ethereum network has executable code, while data affixed to Bitcoin network transactions are mainly for keeping notes. Other differences include block time. The transaction for ether can be done in seconds the one for bitcoin is done in minutes and the algorithms that they run on (Ethereum uses ethash while Bitcoin uses SHA-256).
 
Both coins, bitcoin and ether, have shown exponential growth in terms of value and market capital to date. Ethereum, which uses smart contracts, has been made possible by an innovative platform that utilizes individual computing power and compute power to secure the network. Both grow despite an increasingly uncertain regulatory environment. bitcoin has recently come under intense regulatory scrutiny, which has limited its growth: it is often said to be less stable in price and less widely used for payments. bitcoin and litecoin are both small. Satoshis frequently refer to regulation and its effects on the cryptocurrency market.
 
The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust.
 
Ether (ETH), the cryptocurrency of the Ethereum network, is arguably the second most popular digital token after bitcoin (BTC). Indeed, as the second-largest cryptocurrency by market cap, comparisons between Ether and BTC are only natural.
Ether and bitcoin are similar in many ways: each is a digital currency traded via online exchanges and stored in various types of cryptocurrency wallets. Both of these tokens are decentralized, meaning that they are not issued or regulated by a central bank or other authority.
 
The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust.
Suba said:
In terms of cryptocurrency Bitcoin and Ethereum we can equate, but if we look deeper there will be striking differences such as in terms of the use of the two cryptos, in terms of blockchain, the amount of crypto and the length of transaction time etc. I don't understand the difference between the two cryptos, can you explain?
Click to expand...
The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust.
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The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust.
Suba said:
In terms of cryptocurrency Bitcoin and Ethereum we can equate, but if we look deeper there will be striking differences such as in terms of the use of the two cryptos, in terms of blockchain, the amount of crypto and the length of transaction time etc. I don't understand the difference between the two cryptos, can you explain?
Click to expand...
The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust.
 
Bitcoin and Etherum are two different currencies. I think Bitcoin is the most popular crptyo currency. I think their is big difference between bitcoin and Etherum. The value of Bitcoin is higher and Etherum comes second. Bitcoin is more trader than Etherum.
 
The major and primary difference between Bitcoin and ethereum is their names and price worth. Except that every other thing about the two are similar. Do not forget there are both crypto currency and use in trading and exchange. And both involves high risk.
 
Sure! bitcoin and ethereum differ in purpose: Bitcoin is pitched as an alternate currency, or digital currency, ethereum facilitates peer-to-peer contracts and applications via its own currency vehicle. ... The time it takes to mine, or create, a new block on the bitcoin blockchain is about 10 minutes.
Bitcoin has a lower coin supply and is more liquid than Ethereum, but Ethereum has better technology and provides more uses than Bitcoin does.
 
There's indeed difference between Bitcoin and Ethereum
One Bitcoin is higher than I Ethereum in term of conversion to dollars
And Bitcoin in just a crytocurrency while Ethereum is like a ledger technology that business organizations are using to build new programs.
 
The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs. Both Bitcoin and Ethereum operate on what is called “blockchain” technology, however Ethereum's is far more robust.
 
Ether and bitcoin are similar in many ways: each is a digital currency traded via online exchanges and stored in various types of cryptocurrency wallets. Both of these tokens are decentralized, meaning that they are not issued or regulated by a central bank or other authority.
 
A bitcoin often described as a crypto currency, is a type of money that is completely virtual. It's like an online version of cash.People can send bitcoin (or part of one) to your digital wallet, and you can send bitcoin to other people.while etherum is also similar to bitcoin.
 
In a simple form Bitcoin is a “digital dollar.” That’s really all it is minus all the formal regulations that come with a bank, which is what makes it such a disruptive concept. It’s not a technology neither is it a company. It’s your money, held in a digital form. Ethereum is another cryptocurrency, and one many people see as potentially overtaking Bitcoin as the dominant coin in the market. The difference between Ethereum and Bitcoin is the fact that Bitcoin is nothing more than a currency, whereas Ethereum is a ledger technology that companies are using to build new programs.
 
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